Denmark's current account surplus declined to DKK 14.9 billion in July of 2020 from DKK 21.4 billion in the corresponding month of the previous year. It was the smallest current account surplus since April, as the services account surplus plunged to DKK 0.5 billion from DKK 6.1 billion a year earlier, while goods surplus narrowed to DKK 11.4 billion from DKK 12.1 billion a year earlier, and the secondary income gap increased to DKK 3.9 billion from DKK 3.4 billion. Meantime, the primary income surplus rose to DKK 6.9 billion from DKK 6.6 billion a year earlier.

Current Account in Denmark averaged 10159.36 DKK Million from 2005 until 2020, reaching an all time high of 27228 DKK Million in October of 2019 and a record low of -4967 DKK Million in March of 2008. This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Denmark

Current Account in Denmark is expected to be 13000.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Denmark to stand at 17000.00 in 12 months time. In the long-term, the Denmark Current Account is projected to trend around 15000.00 DKK Million in 2021 and 13000.00 DKK Million in 2022, according to our econometric models.

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Denmark Current Account

Actual Previous Highest Lowest Dates Unit Frequency
14945.00 14921.00 27228.00 -4967.00 2005 - 2020 DKK Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-09 06:00 AM Apr DKK16.5B DKK3.4B DKK16B
2020-07-09 06:00 AM May DKK17.4B DKK15.0B DKK 18B
2020-08-10 06:00 AM Jun DKK15.1B DKK15.6B DKK 15B
2020-09-08 06:00 AM Jul DKK14.9B DKK14.9B
2020-10-09 06:00 AM Aug DKK14.9B
2020-11-09 07:00 AM Sep DKK 13B
2020-12-09 07:00 AM Oct


News Stream
Danish Current Account Surplus Smallest in 3 Months
Denmark's current account surplus declined to DKK 14.9 billion in July of 2020 from DKK 21.4 billion in the corresponding month of the previous year. It was the smallest current account surplus since April, as the services account surplus plunged to DKK 0.5 billion from DKK 6.1 billion a year earlier, while goods surplus narrowed to DKK 11.4 billion from DKK 12.1 billion a year earlier, and the secondary income gap increased to DKK 3.9 billion from DKK 3.4 billion. Meantime, the primary income surplus rose to DKK 6.9 billion from DKK 6.6 billion a year earlier.
2020-09-08
Danish Current Account Surplus Narrows in June
Denmark's current account surplus declined to DKK 15.1 billion in June of 2020 from DKK 16.5 billion in the corresponding month of the previous year. The services account posted a deficit of DKK 0.9 billion, swinging from DKK 0.9 billion surplus a year earlier, while the secondary income gap increased to DKK 3.6 billion from DKK 3.2 billion. Meantime, the goods surplus widened to DKK 10.8 billion from DKK 10.2 billion a year earlier, while the primary income surplus rose to DKK 8.7 billion from DKK 8.6 billion.
2020-08-10
Danish Current Account Surplus Narrows in May
Denmark's current account surplus declined to DKK 17.4 billion in May of 2020 from DKK 20.5 billion in the corresponding month of the previous year. The goods surplus narrowed to DKK 10.1 billion from DKK 12.3 billion a year earlier and the services account surplus fell to DKK 0.3 billion from DKK 2.6 billion. On the other hand, the primary income surplus widened to DKK 9.8 billion from DKK 8.7 billion, while the secondary income deficit went down to DKK 2.9 billion from DKK 3 billion.
2020-07-09
Danish Current Account Surplus Largest in 5 Months
Denmark's current account surplus widened to DKK 16.5 billion in April 2020 from DKK 14.5 billion in the corresponding month of the previous year. It was the largest current account surplus since last November, as the goods surplus increased to DKK 12.6 billion from DKK 11.2 billion in a year earlier, while the primary income surplus surged to DKK 6 billion from DKK 3.2 billion. Meantime, the services account surplus narrowed to DKK 0.6 billion from DKK 2.1 billion in a year earlier, while the secondary income deficit went up to DKK 2.7 billion from DKK 2 billion.
2020-06-09

Denmark Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).